Advisory Fuel Rates

Advisory Fuel Rates

This post on advisory fuel rates was originally published on 1 September 2020 and was updated on 1 September 2022 for freshness, accuracy and comprehensiveness. If you have an employee using a company car, you will be required to use the HMRC’s advisory fuel...

What Should I Consider When Creating a Home/Garden Office?

More people are working from home due to the pandemic, and many business owners are considering creating a dedicated home or garden office. However, there are several things to be considered before doing this. Tax on construction/conversion When building a dedicated...

Super-Deductions: Budget Changes for Business

‘Bold and unprecedented’. That was the Chancellor’s description of the new 130% super-deduction for expenditure on new qualifying plant and machinery announced in the Budget. The headlines announced that for every pound invested; tax is cut by up to 25p. But what are...